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  • $1,200,000

    468 Ridgewood Ave, Holly Hill, FL 32117

    5beds
    12,518sqft
    : 
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    Multi Family
    Built in 1947
    -- sqft lot
    $889,200 Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Two commercial suitesStand-alone one-bedroom residenceThree stand-alone masonry buildingsSeven storage unitsFour supplemental mini-split units
    Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning. Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.
    369 days
    |
    145
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Hurley 386-566-6031,

    Oceans Luxury Realty Full Service LLC,

    Kevin Purucker 386-235-8190

    Source: DBAMLS,MLS#: 1215168MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 9
      • Full bathrooms: 9
      Heating
      • Central, Electric, Hot Water, Separate Meters
      Cooling
      • Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit, Wall/Window Unit(s), Individual
      Appliances
      • Included: Tankless Water Heater, Refrigerator, Microwave, Instant Hot Water, Electric Water Heater, Electric Oven
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Carpet, Laminate, Tile
      Interior area
      • Total structure area: 12,518
      • Total interior livable area: 12,518 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned
      • Attached garage spaces: 7
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Chain Link,Fenced
      Lot
      • Size: 1.03 Acres
      • Dimensions: 150.0 ft x 289.0 ft
      • Features: Cleared
      Details
      • Additional structures: Workshop
      • Parcel number: 424401220310
      • Zoning description: Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Block, Stucco
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

      Community & HOA

      Community
      • Security: Closed Circuit Camera(s), Smoke Detector(s)
      • Subdivision: Not on the List
      Location
      • Region: Holly Hill

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $512,361
      • Annual tax amount: $9,911
      • Date on market: 7/1/2025
      • Listing terms: Cash,Conventional
      • Income includes: Parking, RV Storage, Storage
      • Electric utility on property: Yes

        Estimated market value

        $889,200

        $702,000 - $1.13M

        $1,391/mo

        Price history

        DateEventPrice
        3/25/2026Price change$1,200,000-7.7%$96/sqft
        Source: DBAMLS #1215168 Report a problem
        10/10/2025Price change$1,300,000-3.7%$104/sqft
        Source: DBAMLS #1215168 Report a problem
        9/7/2025Price change$1,350,000-3.6%$108/sqft
        Source: DBAMLS #1215168 Report a problem
        7/1/2025Listed for sale$1,400,000+16.7%$112/sqft
        Source: DBAMLS #1215168 Report a problem
        4/10/2023Listing removed--
        Source: DBAMLS #1106106 Report a problem
        2/21/2023Listed for sale$1,200,000+108.7%$96/sqft
        Source: DBAMLS #1106106 Report a problem
        3/2/2022Sold$575,000-11.5%$46/sqft
        Source: Public Record Report a problem
        1/26/2022Pending sale$650,000$52/sqft
        Source: Realty Executives Broker of Record #272427 Report a problem
        11/9/2021Listed for sale$650,000+233.3%$52/sqft
        Source: Realty Executives Broker of Record #272427 Report a problem
        2/14/1998Sold$195,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,929 +0.2%$512,361 +0.6%
        2024$9,912 +1.3%$509,476 +3.5%
        2023$9,785 +21.8%$492,044 +28.1%
        2022$8,036 $384,103 +6.9%
        2021-- $359,195 -3.7%
        2020$8,191 $372,999 +7.1%
        2019$8,191 +6.6%$348,166 -2.3%
        2018$7,684 -4.6%$356,480 +2.9%
        2017$8,052 +14.3%$346,337 +11%
        2016$7,043 +5.9%$312,025 +37.7%
        2015$6,648 +14.1%$226,565 +1.3%
        2014$5,825 $223,700

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32117

        Getting around

        49 / 100
        Car-Dependent
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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